Crypto-collectibles and Kitties marketplace Rare Bits raises $6M

Rare Bits wants to be eBay for the blockchain, where you buy, sell and trade non-fungible crypto-goods. After CryptoKitties raised $12 million from Andreessen Horowitz last month for its digital collectibles game, there’s been an explosion of interest in the space. But without a popular marketplace, it’s hard to find the goods you want at the right price.

Source: Crypto-collectibles and Kitties marketplace Rare Bits raises $6M

How Music Generated by A.I. Is Reshaping — Not Destroying — The Industry

There is an enduring fear in the music industry that artificial intelligence will replace the artists we love, and end creativity as we know it. But AI’s long-term impact on music creation isn’t so cut and dried. In fact, if we as an industry are already thinking so reductively and pessimistically about AI from the beginning, we’re sealing our own fates as slaves to the algorithm.

Source: How Music Generated by Artificial Intelligence Is Reshaping — Not Destroying — The Industry

Artists Without Label Revenue Up 27%, Industry +$1.4B 

2017 was a stellar year for the recorded music business. Global recorded music revenues reached $17.4 billion in 2017 in trade values, up from $16 billion in 2016, an annual growth rate of 8.5%. But perhaps the biggest story of all is the growth of artists without labels. With 27.2% year-on-year growth this was the fastest growing segment in 2017.

Source: Artists Without Label Revenue Up 27%, Industry +$1.4B [Mark Mulligan]

Artificial intelligence and copyright

Nowadays, robots are painting pictures, writing poetry and making music thanks to creative computing and although most of the professionals dedicated to the study of creative software, share that the copyright of the works would actually belong to the person who created the software, the possibility that robots become more independent entities and that develop intentionality is also being opened to debate.

Source: Artificial intelligence and copyright

Comcast, Netflix deny report that cable giant threatened to throttle SVOD service 

Comcast and Netflix representatives stridently denied a Digital Music News report that the cable company used threats of paid prioritization charges to push Netflix into expanding the pair’s integration deal. A Comcast representative said yesterday’s report was completely inaccurate. Netflix released a statement saying, “These claims are entirely false.”

Source: Comcast, Netflix deny report that cable giant forced SVOD service to expand deal with paid prioritization threat

BBC Radio 1 is paying songwriters 26% less per minute than it was 5 years ago

According to online reports citing PRS data, back in December 2010, BBC Radio 1 was paying out £16.84 per minute to songwriters. By December 2013, that had fallen to £14.91 per minute. And even in July 2016, Radio 1 was paying out £13.63 per minute. Network is now paying PRS £10.98 per minute of music played.

Source: BBC Radio 1 is paying songwriters 26% less per minute than it was 5 years ago

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